The Tech5 is a pan-European competition to identify the fastest growing tech companies in Europe with its finale at The Next Web Conference in Amsterdam.

Tech 5 Press Kit

At TNW, we love fast-growing startups – telling their stories and celebrating their growth. This is why we have decided to partner with Adyen - for the fifth year in a row - to host our acclaimed Tech5 competition. For Tech5, we focus on one key figure: Revenue growth over the last two years.

We’ve witnessed exponential growth of the European tech scene. Ecosystems all over the continent are maturing at an extreme pace, providing a launchpad for tech companies like Transferwise, Delivery Hero, Cabify, Foodpanda and iZettle – all which have shown massive increases in revenue in a short period of time. Tech5 finalist alumni (top 10’s) have raised over 10 billion in funding altogether.

TNW - with its community and ability to bring people together- and Adyen, itself still a fast-growing startup with lots of real world experience to share, are a great building block for any tech company looking to take that next step - or to make that next leap.

Together, TNW and Adyen have scouted Germany, the UK, Spain, France, Sweden and the Netherlands to find the fastest growing tech company in Europe. The top 10 finalists from each nation are invited to an exclusive celebratory dinner. These dinners will take place on the following dates:

Paris: March 27th

Barcelona: April 5th

Amsterdam: April 10th

Stockholm: April 12th

London: April 19th

Berlin: April 26th

Quotes Tech5

Patrick de Laive, co-founder of The Next Web:

"It's amazing to see how many fast growing companies have been sprouting on European soil. Aside from the ones that made the shortlists, we've seen a ton of others that had significant revenues and still continue to grow. As Europeans involved in technology, we should be proud of these highly successful startups. The Tech5 competition is here to celebrate those young companies and reveal them to a larger audience."

Roelant Prins, Adyen CCO:

“We are thrilled to see so much activity in the European startup scene. Adyen is lucky to be in a position to work with many startups and to help them grow by accepting payments from all over the world. We’re committed to continuing that support and to accelerating growth across industries. I’m looking forward to seeing this year’s winners at TNW Europe.”

“It was exceedingly helpful to win Tech5 UK. At the time, we were fundraising and the competition helped us to start all sorts of business conversations across Europe.” [Alex Klein CEO, founder Kano - UK Winner 2016]

“Being a tech5 company has helped us win business and hire great new talent!” [Paramjit Uppal, CEO, founder AndDigital]

What is in it for the participating companies?

- Top 10 shortlisted startups from each country are invited for a special event, where we announce the fastest growing company in the region

- Tech5 winners and nominees will be covered in TNW and other media outlets

- Country winners get the chance to co-create an article on TNW about their growth

- Country winners are invited for the winner announcement on stage at TNW Conference

- The fastest-growing company will win the 1st prize

About TNW

The Next Web is a tech media company that brings remarkable stories to people who take a special interest in technology. TNW celebrates companies that achieve impressive results, giving them a unique chance to shine.

About Adyen

Adyen is the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers' globally preferred payment methods. Adyen delivers frictionless payments across in-store, mobile and ecommerce channels. With offices across the world, Adyen serves 9 of the 10 of the world’s largest Internet companies. Customers include Facebook, Uber, Netflix, Spotify, Casper, Bonobos and L’Oreal.